Business, 06.03.2020 23:35 AutumnGarringer
At the end of the current year, Accounts Receivable has a balance of $990,000; Allowance for Doubtful Accounts has a debit balance of $9,000; and sales for the year total $4,460,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $110,000.a. Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
c. Determine the net realizable value of accounts receivable.
Answers: 3
Business, 21.06.2019 21:00, marie1211
John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?
Answers: 3
Business, 22.06.2019 02:00, mckinley2006
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Answers: 1
Business, 22.06.2019 22:40, juicecarton
Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints. b. minimum usable capacity of a particular facility. c. sum of all the organization's inputs. d. average output that can be achieved under ideal conditions. e. maximum output of a system in a given period.
Answers: 1
At the end of the current year, Accounts Receivable has a balance of $990,000; Allowance for Doubtfu...
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